Tag: forex

India has received a record inflow of $127.2 billion from non resident Indians under the foreign currency non resident bank ...

The Income Tax Department has intensified scrutiny of overseas money transfers. Officials are examining 394 entities where remittances appear inconsistent ...

India has introduced the Foreign Assets of Small Taxpayers Disclosure Scheme known as FAST DS. This scheme gives individuals a ...

India is facing heavy foreign exchange losses because it is not enforcing its own anti-dumping duty (ADD) rules. A recent ...

Non‑Resident Indians often wonder if their overseas salary deposited in an NRE account is taxable in India. The answer depends ...

Many NRIs worry about a ₹10 lakh penalty for not disclosing overseas assets. Experts clarify this penalty applies only to ...

India's foreign exchange reserves surged by $4.55 billion, reaching a new lifetime high of $648.7 billion during the week ended ...

China's central bank, the People’s Bank of China (PBOC), announced on Friday its intention to reduce the foreign exchange reserve ...